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Cotton yarn demand set to rise in south India post-Diwali

In Mumbai, cotton yarn prices rose by &#****;* per kg across various counts and varieties. A trader from Mumbai market told Fibre2Fashion, "Power loom owners buy cotton yarn before Diwali as a tradition. They will resume production after the Diwali holiday. Pre-Diwali buying has supported cotton yarn prices ahead of the week-long break. Demand for summer may begin after Diwali.”

In Mumbai, ** carded yarn of warp and weft varieties were sold at &#****;*,***-*,*** (approximately $**.**-$**.**) and &#****;*,***-*,*** per * kg (approximately $**.**-$**.**) (excluding GST), respectively. Other prices include ** combed warp at &#****;***-*** (approximately $*.**-$*.**) per kg, ** carded weft at &#****;*,***-*,*** (approximately $**.**-$**.**) per *.* kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg, **/** carded warp at &#****;***-*** (approximately $*.**-$*.**) per kg and **/** combed warp at &#****;***-*** (approximately $*.**-*.**) per kg, according to trade sources.